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AllHonours Q&A » Leaving Cert Accounting

1. Sexx_On_Fiire_Xx
   

   senior member
   Joined: Oct '09
   Posts: 91

   Profile

   Where do patent royalties go in the balance sheet?

   Posted 1 year ago #

2. xxKatiexx
   

   member
   Joined: Jan '10
   Posts: 35

   Profile

   Patent royalties dont go into the balance sheet... they are ammounts paid by a firm to the one whose accounts you are doin for "use" of whatever has been patented. They just go in as a Gain.

   Posted 1 year ago #

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